Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Acton Bridge and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 31 number of properties that are sold.
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A list of properties for Sale in Acton Bridge on Rightmove
A city such as Acton Bridge has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
How Rightmove listings in Acton Bridge help you make an investment
In the area, average asking rents are around £810. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are £0.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Acton Bridge.
| Average asking rent | Number of bedrooms in house |
|---|---|
| no relevant data for this city | 5 |
| no relevant data for this city | 4 |
| £720 | 3 |
| no relevant data for this city | 2 |
| CW8 | 1 |
In the area, using Rightmove data, what are most people selling their property for?
When exploring the property market in Acton Bridge, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £225,339, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
| Property type | Average selling point |
|---|---|
| detached house | £348,254 |
| Semi-detached house | £189,380 |
| Terraced house | £153,678 |
| Flat | £125,859 |
An overview of Acton Bridge property in Rightmove from an investment perspective
When considering buying a house for an investment in the area of North West, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.
For instance, you should look at the number of property sales that the area has every month which is 31. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.
On average throughout the UK, in a calendar year, this data is around 22% but for Acton Bridge it is nan. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 4%. So, you can make of that as you will.
In Acton Bridge, what are the number of planning permission applications on Rightmove?
Applying for planning permission in Acton Bridge is something landlords tend to do if they want to add some value to their home. As of this month, there were 11 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Acton Bridge too, there is a decent amount of opportunity to buy, renovate and make a profit.
A closer look at rental yield on Rightmove in Acton Bridge
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Acton Bridge, there is an average of £0 for rental yield.
Acton Bridge can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
Properties to Rent in Acton Bridge on Rightmove
Concerning Rightmove, what is the education level like in Acton Bridge?
In the city of Acton Bridge, the population stands at 35261 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 31% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £43,830.56. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
What is the Rightmove data regarding social rent and affordable housing in Acton Bridge?
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 5% in Acton Bridge. And they have an average household income of £43,830.56. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
In the city of Acton Bridge, regarding Rightmove, what would it look like living in a HMO?
Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Acton Bridge.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Acton Bridge, there are nan for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.
Will you be moving into somewhere with a lot of green space if you moved to Acton Bridge?
Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Acton Bridge, this is 22.9. Compare this figure of 6 which is recommended to have and the data for Acton Bridge to tell how much green space is around.
What are some frequently asked questions?
How much does the average property cost in Acton Bridge according to Rightmove data?
In Acton Bridge, the mean price for residential properties up for sale is £225,339. The mean price for the average property valuation across the UK is £286,000.
In the process of property hunting on Rightmove in Acton Bridge, do hidden costs come into play?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Acton Bridge?
The city of Acton Bridge currently has a crime rate where for every 1000 people who live there 7300% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
In Acton Bridge, how many sales per month are there according to listing portals?
31 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to
On Rightmove, how much does a three-bed property typically cost in Acton Bridge?
Properties with three bedrooms command an average asking price of £720. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.
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